The group said, the goal is to reach nearly 50 million euros by 2025 and at least more than 2600-27 million euros by 2023.
The luxury shoe industry is expected to generate a total of $40 billion in revenue by 2027, a 29% increase from 2022, according to market research firm Euromonitor International.
Wolverine Worldwide and Designer Brands have signed an exclusive licensing agreement for Hush Puppies branded footwear in the US and Canada.
Skechers hits record sales in 2022, but net profit plummets.
Nicholas Kirkwood had finally made the decision to shutter the 18-year-old brand after a “wild and exhilarating journey”.